1135 S Ardmore Ave - Apartments FOR SALE


Los Angeles, CA 90006- Harvard Heights
$2,495,000 USD
562-269-4844
1135 S Ardmore Ave, Los Angeles, CA for Sale
$2,495,000 USD
Apartments - FOR SALE
1/16
null | 6.84% Cap Rate

1135 S Ardmore Ave
Los Angeles, CA 90006
Harvard Heights


OVERVIEW

Centennial Advisers exclusively represents the opportunity to acquire a newly constructed, program-ready fourplex located in the heart of Los Angeles. Built in 2023, this four-story building offers 7,750 square feet of living space on a 5,910 square foot lot. The property will be delivered vacant, providing a clean slate for investors, operators, or housing providers to implement their vision immediately.The building features 4 large units comprising a total of 23 bedrooms and 22 bathrooms, ideal for high-yield rental strategies including co-living or transitional housing. Each unit comes fully outfitted with in-unit washer/dryers, televisions, stoves, ovens, and refrigerators, all included in the sale. Residents benefit from a 2-car garage, a 6-foot tall metal security gate, and a comprehensive interior and exterior camera system—offering both convenience and peace of mind. Located just minutes from the 10 Freeway, the property offers easy access to the greater Los Angeles area, making it a highly attractive location for tenants. With its quality construction, premium amenities, and immediate occupancy potential, this asset presents a rare opportunity in today’s market.

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$322 USD /SF

# OF UNITS

4

PRICE/UNIT

$623,750

CAP RATE

6.84%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

OFFERED BELOW REPLACEMENT COST

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,924 SF

ZONING

LAR3

APN/PARCEL ID

5080-029-008

ASK ABOUT THIS PROPERTY

Michael AlperCentennial AdvisersMore Info
562-269-4844

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Michael AlperCentennial AdvisersMore Info
562-269-4844

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.